News
Stay up to date with the latest news in fintech, crypto, and digital finance. Our News section delivers concise, insightful coverage of market developments, funding rounds, regulatory updates, and innovations shaping the financial technology landscape.
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MFSA 2024 Report Highlights Malta’s Financial Sector Growth
The Malta Financial Services Authority (MFSA) has recently released its 2024 Annual Report. This document highlights a year of regulatory progress, strategic shifts, and close collaboration with local and international stakeholders. Crucially, it emphasizes the Authority’s commitment to enhancing market oversight and promoting the growth of the Malta financial sector. The report details the MFSA’s…
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Federal Reserve Unanimously Votes to Maintain Steady Rates
As anticipated, the Federal Reserve decided to leave the federal reserve rates untouched. The Federal Open Market Committee (FOMC) unanimously agreed to keep the rates within the 4.25% to 4.5% range. Interestingly, this decision was made during the FOMC’s ongoing reduction of its Treasury securities holdings. Typically, this action aims to stimulate the economy by…
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Crypto.com Exchange Accepts BlackRock’s BUIDL as Collateral
In a significant move, Crypto.com has announced a new feature. Its institutional-grade platform, the Crypto.com Exchange, will now accept BlackRock‘s tokenized fund, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), as trading collateral. This development signals a new era for the use of tokenized funds in the digital asset market. Launched in March 2024, BUIDL…
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Fundraising News of Wednesday, 18 June
In today’s fintech and crypto fundraising news, PostHog has raised $70M in a Series D round led by Stripe. Expense management startup, Ramp, is reportedly raising $200M. BlockFi has secured $350M in a Series D round. Orbit Capital has launched a €100m fund and PostHog Secures $70M in Series D Funding Led by Stripe PostHog…
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Värde Partners Launches New Fund Finance Platform
Global alternative investment firm Värde Partners has recently made a significant announcement. This firm, renowned for its specialisation in credit and credit-related assets, has unveiled its new fund finance platform. This move comes as a response to the growing market demand for subscription lines. The platform is an exciting introduction to the fintech sector, showcasing…
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Navigating AI Disruption through Lifelong Learning
In our ever-evolving world, the paradigm of studying once and for all has become outdated. The swift changes in economy, technology, and society demand a new approach to professional development. This is highlighted in the Tomorrow’s Skills report by Santander. The report suggests that the future will be dominated by a model of continuous learning.…
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Liontrust Enhances Operations with BNY Outsourcing Move
UK-based asset management firm Liontrust has made a significant move in the financial industry. The specialist active asset manager has expanded its relationship with the global financial services company, The Bank of New York Mellon Corporation (BNY). The details of the expansion involve a strategic outsourcing that will significantly change the way Liontrust operates its…
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Irish Consumer Confidence Boosts Bank of Ireland
Despite the economic uncertainties of the past year, Irish consumers have demonstrated a remarkable level of confidence in their personal financial outlook. This is evident in a recent report which revealed that spending by Bank of Ireland customers, using debit and credit cards, saw an impressive 6.5% year-on-year increase in May. This rise, indicative of…
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UK Gig Workers Struggle with Pension Savings
Recent research by PensionBee has unveiled a disturbing fact. It appears that over a million UK gig workers can’t save into a pension plan due to financial constraints. This revelation underscores the precarious financial situation many are in. Evidently, immediate intervention and support are necessary. PensionBee, a firm serving the consumer retirement market, has gathered…
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a16z Backs Ethereum Restaking Protocol EigenLayer Again
a16z, a prominent venture capital firm, has made headlines once again. This time they’re investing a hefty $70 million in EigenLayer, the largest restaking protocol on Ethereum. The protocol currently boasts over $12 billion in total value locked (TVL), making it a significant player in the Ethereum ecosystem. This investment isn’t a16z’s first foray into…
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Exploring the Exceptional Rise of ETFs
The significant rise of Exchange Traded Funds (ETFs) in the investment world is noteworthy. These investment tools, which came into existence after Mutual Funds, have gained popularity due to their superior liquidity and diversified portfolio offerings. In fact, they’re quite distinct from traditional Mutual Funds. The migration of investors towards ETFs is primarily fueled by…
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Autobooks and Fundbox Revolutionise SMB Lending
Securing quick, flexible funding is a common struggle for small to medium-sized businesses (SMBs). However, a recent partnership between Autobooks and Fundbox aims to transform this scenario. Autobooks, a leading provider of digital banking tools, has announced the launch of Autobooks Capital. This venture, powered by Fundbox, a company renowned for its embedded capital infrastructure…
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Silicon Prairie’s Game-Changing Fintech Strategy
The securities crowdfunding sector is bracing for a shake-up as Silicon Prairie reveals its plans to acquire a community bank. Silicon Prairie, a multifaceted fintech company, is looking to redefine the traditional fintech narrative. Their pursuit of a community bank acquisition signals a shift in strategy that could have wide-reaching implications for the sector. According to…
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Plaid Unveils Game-Changing Updates for Fintech
The leading fintech platform, Plaid, is well-known for bridging the gap between financial institutions and innovative apps. Recently, the company has made a significant move by rolling out fintech Plaid updates aimed at enhancing payment efficiency, boosting security, and driving development for businesses and developers. This move clearly demonstrates Plaid’s commitment to reshaping the financial…
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Revolutionising Workforce Identification with HYPR
Regulatory technology firm HYPR is set to revolutionise hypr workforce identification. Often referred to as the ‘Identity Assurance Company’, HYPR recently made some exciting announcements at the industry event, Identiverse. The company’s current aim is to strengthen its market position by focusing on delivering phishing-resistant identity assurance across all devices and applications. Key advancements include…
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Netcapital Boosts Fintech Vision with New Advisory
Recently, Boston-based fintech firm Netcapital Inc. announced significant developments to enhance its strategic vision and industry expertise. Renowned for its securities crowdfunding platform, Netcapital connects investors with emerging private companies. The firm has made two remarkable strides in their fintech vision. The first stride is the formation of a Crypto Advisory Board. This move underscores…
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Salt Edge and RiseUp Join Forces for Growth
Open banking pioneer, Salt Edge, recently announced a new partnership with financial insight provider RiseUP. The aim of this collaboration is to utilize financial data to drive revenue growth. This announcement arrives when businesses are actively seeking innovative ways to utilize financial technology and data. The partnership will see Salt Edge’s services integrated into the…
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Circle Advances Global Stablecoin Payment Adoption
In the ever-evolving fintech landscape, the usage of stablecoin-powered payments is on the rise. Leading this revolution is Circle (NASDAQ:CRCL), the creator of the USD Coin (USDC) stablecoin. It is noteworthy that Circle’s recent initiatives have greatly enhanced cross-border transactions and developer accessibility, thereby contributing to global stablecoin adoption. Circle is making significant progress in…
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Klarna Introduces AI-Powered CEO Hotline for Feedback
In a significant development, Klarna, an AI-based payments and commerce network, has unveiled an AI CEO hotline. This inventive feature allows Klarna’s extensive customer base, numbering over 100 million globally, to share their product feedback directly. To add a personal touch, the hotline uses an interactive AI avatar. This avatar is trained with the real…
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Equifax Secures 35 New Patents Boosting Fintech
In a notable development, Equifax (NYSE: EFX) has significantly expanded its portfolio with a wealth of new patents. During the first half of 2025, the company secured 35 new patents, illustrating its dedication to innovation and technological advancement. Consequently, the total number of Equifax fintech patents issued or pending has risen to nearly 650, spanning…